Overstock buys Bidz.com’s inventory
Overstock has acquired the entire inventory of foreclosed jewelry auction site Bidz.com, which will serve to be the center of the company’s new Jewelry Liquidation Vault.
Blue Nile forecasts 19 percent growth in Q4
Executives for Blue Nile said Thursday that they anticipate fourth quarter sales could grow as much as 19 percent due to the lowering of engagement ring prices and the addition of brands.
Another conglomerate calls retailers ‘cautious’
The luxury conglomerate that owns Girard-Perregaux and JeanRichard said that the third-party distributors that buy its watches remain “cautious” in their purchasing, echoing the sentiment expressed by LVMH earlier this month.
Report: Japanese co. introduces diamond ‘smartring’
One Tokyo-based company has just upped the ante on wearable technology, introducing a diamond ring outfitted with near-field communication capabilities. See how it works in this video from Core Jewels.
Richemont wins fight to block sites selling fakes
The High Court in London ruled Friday that trademark owners now can get court orders to compel Internet service providers (ISPs) to block or otherwise impede access to websites that sell counterfeit versions of their goods.
JFC pledges $100K to help children with Ebola
Jewelers for Children announced Wednesday that is has made a $100,000 donation to the Ebola Children’s Relief Fund, which Save the Children has put together to support efforts in combating the worldwide outbreak of the deadly virus.